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Machinery


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September 2, 2008

Deere to invest $180M in plant expansions

  • The equipment maker will invest $97 million to expand high-horsepower tractor manufacturing capacity by 40 percent.
  • Photo courtesy of John Deere [enlarge]
    John Deere has announced it will invest nearly $180 million in plant expansions to meet rising global demand for its tractors, such as its 9430 high-horsepower tractor shown here. The tractors are engineered for large-scale field operations and construction site scraper applications.

    MOLINE, Ill. (AP) — Deere & Co. said last week it will invest nearly $180 million in U.S. and Brazil plant expansions to meet rising global demand for its tractors and other farm machinery.


     
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